Huffington Magazine Issue 26 | Page 24

ALLAN BRAWLEY Voices HUFFINGTON 12.09.12 Does ‘Capitalism With a Conscience’ Work? A S WE NEAR the end of 2012, which corporate enterprises are the most profitable — those that relentlessly chase ever higher quarterly stock growth and reward their top executives lavishly for doing so? Apparently not. It turns out that bottom-line driven entities lag way behind many well-known and highly respected companies that operate on an entirely different model. We are not talking about community cooperatives, farmers’ markets, or mom-and-pop small businesses. We are talking about Whole Foods Markets, Wegmans, New Balance and the ubiquitous — and everyone’s favorite neighborhood gathering spot — Starbucks. ¶ None of these enterprises invests in huge advertising campaigns — you won’t see multi-million dollar spots on primetime TV or elsewhere for that matter. Allan Brawley is professor emeritus of social work at Arizona State University